Global Pulp and Paper Chemicals Market Size To Worth USD 29.58 Billion By 2033 | CAGR Of 3.14%
Category: Chemicals & MaterialsGlobal Pulp and Paper Chemicals Market Size To Worth USD 29.58 Billion By 2033
According to a research report published by Spherical Insights & Consulting, the Global Pulp and Paper Chemicals Market is to Grow from USD 21.71 Billion in 2023 to USD 29.58 Billion by 2033, at a Compound Annual Growth Rate (CAGR) of 3.14% during the projected period.
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Browse key industry insights spread across 243 pages with 110 Market data tables and figures & charts from the report on the "Global Pulp and Paper Chemicals Market Size, Share, and COVID-19 Impact Analysis, By Type (Bleaching Chemicals, Process Chemicals, and Functional Chemicals), By Application (Specialty Pulp & Paper Additives, Binders, Blowing Agents, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here https://www.sphericalinsights.com/reports/pulp-and-paper-chemicals-market
Pulp and paper are generated by the pulping process, which comprises chemical treatment of wood, physical grinding, chemical washing of pulps, and bleaching. The sector can use a high concentration of chemicals when creating specific sheets for families, enterprises, and industrial uses, which could promote market growth. The rise in waste paper imports by various countries across the world is driving the pulp and paper chemicals market. Pulp and paper chemicals are composed of sodium hydroxide and urea formaldehyde, which function as chelators to improve paper properties such as printability, color, texture, and strength. However, stringent emission and waste control regulations could increase operational costs, impeding market expansion.
The functional chemicals category dominates the market over the projection period.
Based on the type, the global pulp and paper chemicals market is divided into bleaching chemicals, process chemicals, and functional chemicals. Among these, the functional chemicals category dominates the market over the projection period. Functional chemicals include dyes, coatings, and pigments. The segment's growth is being driven by increased demand for value-added paper, which has resulted in the largest use of functional chemicals. The segment's growth is predicted to be driven by rising demand for recycled papers as consumers become more aware of the need of environmental conservation. Major competitors are investing heavily in R&D to extend their product lines, which will help drive market growth.
The specialty pulp and paper additives sector will account for the biggest share of the market.
Based on the application, the global pulp and paper chemicals market is divided into specialty pulp & paper additives, binders, blowing agents, and others. Among these, the specialty pulp and paper additives sector will account for the biggest share of the market. Specialty pulp and additives are commonly utilized in the textiles and pulp industries. Specialty pulp and paper are employed to improve the quality and properties of both paper and grid. Specialty additives utilized in water treatment processes for minimizing organic matter include defoamers, retention aids, flocculant additives, and others. Chelating agents and sodium hydroxide are used to remove lignin from specialty pulp and paper additives throughout the pulping process, as well as for pre-treatment of cleaning liquors and lipids.
Asia-Pacific is having the biggest share of the global pulp and paper chemicals market over the forecast period.
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The Asia-Pacific region is likely to lead the pulp and paper chemicals market. The considerable presence of pulp and paper industries in Japan and China, together with easy access to equipment and raw materials, is predicted to drive higher chemical usage over the forecast period. Furthermore, China and India are expected to maintain their rapid industrialization, economic growth, and low labor costs. During the projected period, China's e-commerce boom resulted in an increase in speedy delivery, increasing demand for packaging paper as well as the market for pulp and paper chemicals.
Europe is predicted to grow fastest pace throughout the forecast period. The Western European market is likely to rise most rapidly throughout the forecast period, whereas the Eastern European market is projected to grow substantially. The increasing exporting of pulp and recycling of paper in Europe can be attributed to the region's need for pulp and paper manufacturing chemicals.
Major vendors in the global pulp and paper chemicals market include, Cargill Incorporated, Clariant, DowDuPont, Ecolab, ERCO Worldwide, FMC Corporation, GE Corporation, Georgia-Pacific, Kemira, Ashland Inc, BASF SE, Buckman, Nouryon, Stora Enso, and Others.
Recent Developments
- In April 2024, Nextgreen Global Bhd and IOI Corp Bhd signed a shareholder agreement to develop a paper pulp facility in Pahang, which may produce more than RM300 million in revenue by 2026.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global pulp and paper chemicals market based on the below-mentioned segments:
Global Pulp and Paper Chemicals Market, By Type
- Bleaching Chemicals
- Process Chemicals
- Functional Chemicals
Global Pulp and Paper Chemicals Market, By Application
- Specialty Pulp & Paper Additives
- Binders
- Blowing Agents
- Others
Global Pulp and Paper Chemicals Market, By Regional
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
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Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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